Melville Shoe Corporation
In this article, we will explore Melville Shoe Corporation and all its implications. From its impact on society to its influence on people's daily lives, Melville Shoe Corporation is a topic that deserves to be analyzed and discussed in depth. Along these lines, we will discover the different perspectives that exist on Melville Shoe Corporation, as well as possible solutions or approaches to address this issue. It doesn't matter if you are an expert in the field or if it is the first time you are hearing about Melville Shoe Corporation, this article is designed to offer a complete and enriching vision of it. Get ready to immerse yourself in the fascinating world of Melville Shoe Corporation!
| Industry | Footwear |
|---|---|
| Founded | 1892 |
| Founder | Frank Melville |
| Defunct | 1922 |
| Fate | Operating |
| Successor | Melville Corporation (now CVS Corp) |
| Headquarters | Harrison, New York |
Area served | United States |
| Products | Shoes |
The Melville Shoe Corporation was a Harrison, New York-based[1] shoe company.
Founded by Frank Melville in 1892,[2] the company was incorporated in 1916. From its inception through 1923 it never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923.[3]
In 1922 the company was reorganized as the Melville Corporation, which would grow into a major retail conglomerate.[2]
References
- ^ Melville Closes Acquisition, Wall Street Journal, April 15, 1976, pg. 16.
- ^ a b Steinhauer, Jennifer (October 25, 1995). "Melville Plans To Split Into 3 Companies". The New York Times. Retrieved February 1, 2018.
- ^ Chain Shoe Store's Rapid Growth, Wall Street Journal, December 20, 1923, pg. 9.
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